Strive Asset Management is trading at $24.03, down 6.32%, with no clear company-specific explanation confirmed for the full decline.
- Strive priced an upsized offering of 7 million preferred shares at $90 each, below their $100 stated amount, for about $630 million in gross proceeds. A report linked the discount to slight overnight weakness but did not establish it as the cause of the full intraday decline.
- Broader risk-off sentiment may also weigh; the Nasdaq is down 1.36% in the supplied market context.